571—24.2(161A) Types of acquisitions.

Acquisition must be fee simple and title to lands purchased must be free of encumbrances, unless approved by the director on the recommendation of the attorney general. Loan applicants shall submit an abstract of title to lands to be purchased with loans from the fund for examination by the attorney general prior to issuance of any loan.

[ARC 7901C, IAB 5/1/24, effective 6/5/24]